Australian Labor Party

The Australian Labor Party is a social democratic political party in Australia, founded on 8 May 1901. The party descended from the labor movement of the 1890s, and it was founded on democratic socialist principles; however, it would modify its views during the 1920s by supporting a non-monopolistic private sector, the right to own private property, a party of opportunity and security for working people, and a party of active government. The party opposed the Liberal Party of Australia, and they took turns leading the government and being in opposition.